* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:600477 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Hangxiao Steel Structure Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hangxiao Steel Structure Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Hangxiao Steel Structure Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hangxiao Steel Structure Co's Days Payable falls into.
Hangxiao Steel Structure Co Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hangxiao Steel Structure Co (SHSE:600477) has a Days Payable of 245.39 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangxiao Steel Structure Co and its competitors. This is 70% above median its historical median of 144.55. Over the past decade, Hangxiao Steel Structure Co's Days Payable has ranged from 128.06 to 223.82. According to the industry distribution chart, Hangxiao Steel Structure Co ranks #300 out of 1709 companies in the Construction industry, placing it in the top 17.6%.
Is Hangxiao Steel Structure Co's Days Payable too high?
Hangxiao Steel Structure Co's current Days Payable of 245.39 is 70% above median its 10-year median of 144.55. Over the past 10 years, this metric has ranged from a low of 128.06 to a high of 223.82. The Construction industry median Days Payable is 76.67. Hangxiao Steel Structure Co's value of 245.39 is 220.1% above this industry median. Based on the distribution chart, Hangxiao Steel Structure Co ranks #300 out of 1709 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hangxiao Steel Structure Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangxiao Steel Structure Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Hangxiao Steel Structure Co ranks #300 out of 1709 companies for Days Payable. This places Hangxiao Steel Structure Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.67. Hangxiao Steel Structure Co's value of 245.39 is 220.1% above this benchmark. Historically, Hangxiao Steel Structure Co's own Days Payable has ranged from 128.06 to 223.82 over the past decade. While the company's 10-year median is 144.55 vs. the industry median of 76.67, Hangxiao Steel Structure Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hangxiao Steel Structure Co's current Days Payable of 245.39 is 220.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangxiao Steel Structure Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangxiao Steel Structure Co's current Days Payable is 245.39, which is 70% above median its own 10-year median of 144.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangxiao Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co (SHSE:600477) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.19, compared to a current price of ¥2.28 — trading 4.1% above its estimated fair value. The current Days Payable is 245.39, which is 70% above median its 10-year median of 144.55 and 220.1% above the Construction industry median of 76.67. Hangxiao Steel Structure Co's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hangxiao Steel Structure Co (SHSE:600477), the current Days Payable is 245.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hangxiao Steel Structure Co (SHSE:600477) Overvalued in 2026?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co stock appears to be overvalued.
The current stock price of ¥2.28 is trading 4.1% above its estimated GF Value™ of ¥2.19.
GuruFocus considers Hangxiao Steel Structure Co to be Fairly Valued.
Key valuation signals for SHSE:600477:
Days Payable: 245.39 (70% above median its 10-year median of 144.55)
GF Value™: ¥2.19 vs. price of ¥2.28 (4.1% above fair value)
Industry Position: 220.1% above the Construction median (#300 of 1709)
No single metric tells the full story. See the SHSE:600477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
58GF Score
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